NYSE : OGC
OceanaGold Corporation — Financial statements
Canada
Last price 25.27 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 5.62B
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Financial statements
OceanaGold Corporation (OGC) reported revenue of 2.46B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.46B | 1.89B | 1.29B | 1.03B | 967.40M | 744.70M |
| Cost of Revenue | 881.60M | 763.70M | 600.50M | 498.80M | 506.40M | 324.20M |
| Gross Profit | 1.58B | 1.13B | 693.50M | 527.50M | 461.00M | 420.50M |
| Selling, General & Admin | 96.10M | 73.80M | 64.20M | 64.30M | 51.70M | 79.90M |
| Other Operating Expenses | 32.40M | 26.20M | 25.60M | 26.30M | 15.20M | 6.00M |
| Operating Expenses | 375.60M | 285.00M | 411.00M | 319.40M | 272.50M | 437.20M |
| Operating Income | 1.21B | 844.50M | 282.50M | 208.10M | 188.50M | -16.70M |
| Interest Expense | -13.50M | -12.80M | -22.20M | -11.10M | -11.10M | -11.70M |
| Interest & Investment Income | 12.80M | 8.50M | 3.10M | 1.60M | 1.20M | 100.00K |
| Currency Exchange Gain (Loss) | 1.80M | -3.30M | -7.90M | -1.80M | -14.20M | -6.60M |
| Other Non Operating Income (Expenses) | -58.10M | -36.50M | -24.30M | -73.50M | 2.20M | 2.50M |
| EBT Excluding Unusual Items | 1.15B | 800.40M | 231.20M | 123.30M | 166.60M | -32.40M |
| Merger & Restructuring Charges | -1.90M | -3.70M | ||||
| Gain (Loss) on Sale of Investments | 1.10M | |||||
| Gain (Loss) on Sale of Assets | -8.60M | -8.60M | 18.10M | -1.20M | -1.80M | |
| Asset Writedown | 109.20M | 109.20M | ||||
| Pretax Income | 1.25B | 901.00M | 247.40M | 118.40M | 166.60M | -33.10M |
| Income Tax Expense | 358.10M | 255.30M | 55.40M | 35.30M | 34.00M | -29.40M |
| Earnings From Continuing Operations | 891.00M | 645.70M | 192.00M | 83.10M | 132.60M | -3.70M |
| Minority Interest in Earnings | -25.50M | -17.00M | -4.60M | |||
| Net Income | 865.50M | 628.70M | 187.40M | 83.10M | 132.60M | -3.70M |
| Net Income to Common | 865.50M | 628.70M | 187.40M | 83.10M | 132.60M | -3.70M |
| Shares Outstanding (Basic) | 226.50M | 230.90M | 236.30M | 235.60M | 234.73M | 234.67M |
| Shares Outstanding (Diluted) | 228.75M | 233.50M | 241.60M | 240.87M | 239.17M | 239.17M |
| EPS (Basic) | 3.82 | 2.72 | 0.79 | 0.35 | 0.56 | -0.02 |
| EPS (Diluted) | 3.77 | 2.69 | 0.78 | 0.35 | 0.54 | -0.03 |
| Free Cash Flow | 737.80M | 541.40M | 213.70M | 34.30M | 87.00M | -63.30M |
| Free Cash Flow Per Share | 3.23 | 2.32 | 0.89 | 0.14 | 0.36 | -0.27 |
| Dividend Per Share | 0.24 | 0.12 | 0.06 | 0.06 | 0.03 | |
| Gross Margin | 64.20% | 59.66% | 53.59% | 51.40% | 47.65% | 56.47% |
| Operating Margin | 48.95% | 44.61% | 21.83% | 20.28% | 19.48% | -2.24% |
| Profit Margin | 35.14% | 33.21% | 14.48% | 8.10% | 13.71% | -0.50% |
| Free Cash Flow Margin | 29.96% | 28.60% | 16.52% | 3.34% | 8.99% | -8.50% |
| EBITDA | 1.44B | 1.01B | 577.00M | 408.40M | 361.20M | 308.10M |
| EBITDA Margin | 58.33% | 53.53% | 44.59% | 39.79% | 37.34% | 41.37% |
| D&A For EBITDA | 231.00M | 168.90M | 294.50M | 200.30M | 172.70M | 324.80M |
| EBIT | 1.21B | 844.50M | 282.50M | 208.10M | 188.50M | -16.70M |
| EBIT Margin | 48.95% | 44.61% | 21.83% | 20.28% | 19.48% | -2.24% |
| Effective Tax Rate | 28.67% | 28.34% | 22.39% | 29.81% | 20.41% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 654.80M | 476.50M | 193.50M | 61.70M | 83.20M | 133.00M |
| Cash & Short-Term Investments | 654.80M | 476.50M | 193.50M | 61.70M | 83.20M | 133.00M |
| Accounts Receivable | 44.30M | 17.40M | 13.70M | 44.20M | 34.10M | 18.40M |
| Other Receivables | 9.00M | 5.70M | ||||
| Receivables | 44.30M | 17.40M | 13.70M | 44.20M | 43.10M | 24.10M |
| Inventory | 225.80M | 218.10M | 239.50M | 205.30M | 147.10M | 127.10M |
| Prepaid Expenses | 24.60M | 19.80M | 18.60M | 14.30M | 15.50M | 13.50M |
| Total Current Assets | 949.50M | 731.80M | 465.30M | 325.50M | 288.90M | 297.70M |
| Property, Plant & Equipment | 2.43B | 2.30B | 1.83B | 1.86B | 1.66B | 1.62B |
| Long-Term Investments | 600.00K | 1.20M | ||||
| Long-Term Accounts Receivable | 55.70M | 68.10M | 44.10M | 48.60M | 97.10M | |
| Long-Term Deferred Tax Assets | 15.30M | 16.20M | 39.00M | 48.90M | 47.40M | 58.90M |
| Other Long-Term Assets | 147.60M | 142.20M | 111.00M | 166.70M | 195.80M | 278.70M |
| Total Assets | 3.60B | 3.26B | 2.49B | 2.45B | 2.29B | 2.26B |
| Accounts Payable | 330.40M | 302.80M | 199.60M | 212.30M | 174.70M | 143.20M |
| Accrued Expenses | 64.50M | 67.60M | 28.70M | 23.50M | 18.00M | 16.40M |
| Short-Term Debt | 1.90M | |||||
| Current Portion of Long-Term Debt | 1.60M | 1.60M | 900.00K | |||
| Current Portion of Leases | 15.60M | 19.90M | 28.10M | 33.20M | 28.80M | 26.00M |
| Current Income Taxes Payable | 169.70M | 111.60M | 47.90M | 36.40M | 4.50M | 8.40M |
| Other Current Liabilities | 2.50M | 3.80M | 2.90M | 4.00M | 3.60M | 5.50M |
| Total Current Liabilities | 582.70M | 505.70M | 308.80M | 311.00M | 229.60M | 202.30M |
| Long-Term Debt | 136.60M | 155.00M | 254.90M | |||
| Long-Term Leases | 34.50M | 30.20M | 41.90M | 60.40M | 69.60M | 87.20M |
| Pension & Post-Retirement Benefits | 21.20M | 48.70M | 15.10M | 2.00M | 1.20M | 1.10M |
| Long-Term Deferred Tax Liabilities | 145.50M | 115.00M | 33.60M | 32.90M | 32.10M | 19.90M |
| Other Long-Term Liabilities | 179.60M | 184.60M | 163.20M | 170.30M | 129.80M | 144.60M |
| Total Liabilities | 963.50M | 884.20M | 562.60M | 713.20M | 617.30M | 710.00M |
| Common Stock | 1.15B | 1.17B | 1.22B | 1.24B | 1.23B | 1.23B |
| Additional Paid-In Capital | 66.90M | 68.60M | 64.80M | 73.20M | 71.10M | 63.90M |
| Retained Earnings | 1.39B | 1.09B | 611.60M | 438.30M | 369.50M | 236.90M |
| Comprehensive Income & Other | -70.90M | -59.90M | -75.90M | -14.60M | 2.20M | 17.30M |
| Total Common Equity | 2.54B | 2.27B | 1.82B | 1.73B | 1.67B | 1.55B |
| Minority Interest | 101.00M | 104.10M | 106.50M | |||
| Shareholders' Equity | 2.64B | 2.37B | 1.93B | 1.73B | 1.67B | 1.55B |
| Total Liabilities & Equity | 3.60B | 3.26B | 2.49B | 2.45B | 2.29B | 2.26B |
| Total Debt | 50.10M | 50.10M | 71.60M | 231.80M | 253.40M | 370.90M |
| Net Cash (Debt) | 604.70M | 426.40M | 121.90M | -170.10M | -170.20M | -237.90M |
| Net Cash Per Share | 2.64 | 1.83 | 0.50 | -0.71 | -0.71 | -0.99 |
| Filing Date Shares Outstanding | 222.45M | 225.12M | 234.16M | 235.79M | 234.74M | 234.74M |
| Total Common Shares Outstanding | 222.50M | 225.20M | 234.17M | 235.79M | 234.74M | 234.74M |
| Working Capital | 366.80M | 226.10M | 156.50M | 14.50M | 59.30M | 95.40M |
| Book Value Per Share | 11.40 | 10.07 | 7.77 | 7.35 | 7.13 | 6.60 |
| Tangible Book Value | 2.54B | 2.27B | 1.82B | 1.73B | 1.67B | 1.55B |
| Tangible Book Value Per Share | 11.40 | 10.07 | 7.77 | 7.35 | 7.13 | 6.60 |
| Land | 2.05B | 1.94B | 1.81B | 59.90M | 59.60M | 59.00M |
| Buildings | 107.30M | 104.50M | 103.20M | |||
| Machinery | 1.69B | 1.56B | 1.70B | |||
| Construction In Progress | 276.90M | 190.10M | 191.10M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 865.50M | 628.70M | 187.40M | 83.10M | 132.60M | -3.70M |
| Depreciation & Amortization | 247.10M | 185.00M | 321.20M | 228.80M | 201.20M | 351.30M |
| Other Amortization | 700.00K | 600.00K | ||||
| Loss (Gain) From Sale of Assets | 8.60M | 8.60M | -18.10M | 1.20M | 1.80M | |
| Asset Writedown & Restructuring Costs | -109.20M | -109.20M | ||||
| Stock-Based Compensation | 75.20M | 90.20M | 27.70M | 14.20M | 7.20M | 7.90M |
| Other Operating Activities | 84.50M | 121.60M | 83.40M | 75.30M | 46.90M | -22.80M |
| Change in Accounts Receivable | -6.80M | -26.40M | 32.40M | -26.30M | -19.90M | -19.90M |
| Change in Inventory | -24.10M | -31.70M | 9.70M | -16.30M | -15.90M | 4.40M |
| Change in Accounts Payable | 56.30M | 63.20M | -900.00K | 25.40M | 27.60M | 13.00M |
| Change in Unearned Revenue | -76.70M | |||||
| Change in Income Taxes | 136.00M | 63.70M | -34.20M | |||
| Change in Other Net Operating Assets | -52.30M | -9.50M | -14.70M | -1.20M | -11.70M | 5.50M |
| Operating Cash Flow | 1.28B | 984.20M | 593.90M | 384.20M | 368.70M | 261.40M |
| Capital Expenditures | -543.00M | -442.80M | -380.20M | -349.90M | -281.70M | -324.70M |
| Sale of Property, Plant & Equipment | 1.30M | 1.30M | 31.50M | 8.10M | 900.00K | 7.80M |
| Investment in Securities | 1.10M | |||||
| Investing Cash Flow | -541.70M | -441.50M | -348.70M | -341.80M | -280.80M | -315.80M |
| Long-Term Debt Issued | 50.00M | 52.20M | ||||
| Long-Term Debt Repaid | -32.90M | -218.10M | -43.50M | -130.20M | -27.10M | |
| Lease Payments | -27.60M | -30.10M | -31.40M | -27.30M | -26.90M | -25.20M |
| Net Debt Issued (Repaid) | -27.60M | -32.90M | -168.10M | -43.50M | -130.20M | 25.10M |
| Repurchase of Common Stock | -268.70M | -175.10M | -24.10M | |||
| Common Dividends Paid | -54.00M | -27.70M | -14.10M | -14.30M | ||
| Other Financing Activities | -28.00M | -19.40M | 85.80M | |||
| Financing Cash Flow | -378.30M | -255.10M | -120.50M | -57.80M | -130.20M | 25.10M |
| Foreign Exchange Rate Adjustments | -4.70M | -4.60M | 7.10M | -6.10M | -7.50M | -16.70M |
| Net Cash Flow | 356.10M | 283.00M | 131.80M | -21.50M | -49.80M | -46.00M |
| Free Cash Flow | 737.80M | 541.40M | 213.70M | 34.30M | 87.00M | -63.30M |
| Free Cash Flow Margin | 29.96% | 28.60% | 16.52% | 3.34% | 8.99% | -8.50% |
| Free Cash Flow Per Share | 3.23 | 2.32 | 0.89 | 0.14 | 0.36 | -0.27 |
| Levered Free Cash Flow | 699.80M | 575.41M | 126.29M | 33.52M | 24.57M | -88.55M |
| Unlevered Free Cash Flow | 708.24M | 583.41M | 140.16M | 40.46M | 31.51M | -81.24M |
| Free Cash Flow After Leases | 710.20M | 511.30M | 182.30M | 7.00M | 60.10M | -88.50M |
| Cash Interest Paid | 6.40M | 5.20M | 16.40M | 20.90M | 15.90M | 8.60M |
| Cash Income Tax Paid | 164.00M | 88.00M | 34.10M | 9.60M | 12.60M | -5.10M |
| Change in Working Capital | 109.10M | 59.30M | -7.70M | -18.40M | -19.90M | -73.70M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.53B | 6.44B | 1.95B | 1.36B | 1.34B | 1.22B |
| Enterprise Value | 5.01B | 6.26B | 2.06B | 1.54B | 1.52B | 1.48B |
| Last Close Price | 24.11 | 28.06 | 8.14 | 5.61 | 5.48 | 5.00 |
| PE Ratio | 6.47 | 10.24 | 10.39 | 16.37 | 10.12 | |
| PS Ratio | 2.18 | 3.40 | 1.50 | 1.33 | 1.39 | 1.64 |
| PB Ratio | 2.04 | 2.71 | 1.01 | 0.79 | 0.80 | 0.79 |
| P/TBV Ratio | 2.12 | 2.84 | 1.07 | 0.79 | 0.80 | 0.79 |
| P/FCF Ratio | 7.28 | 11.89 | 9.12 | 39.66 | 15.43 | |
| P/OCF Ratio | 4.19 | 6.54 | 3.28 | 3.54 | 3.64 | 4.68 |
| EV/Sales Ratio | 1.97 | 3.31 | 1.59 | 1.50 | 1.57 | 1.99 |
| EV/EBITDA Ratio | 3.38 | 6.18 | 3.57 | 3.76 | 4.21 | 4.80 |
| EV/EBIT Ratio | 4.03 | 7.41 | 7.29 | 7.38 | 8.06 | |
| EV/FCF Ratio | 6.58 | 11.56 | 9.64 | 44.79 | 17.46 | |
| Debt / Equity Ratio | 0.02 | 0.02 | 0.04 | 0.13 | 0.15 | 0.24 |
| Debt / EBITDA Ratio | 0.03 | 0.05 | 0.12 | 0.53 | 0.65 | 1.11 |
| Debt / FCF Ratio | 0.07 | 0.09 | 0.34 | 6.76 | 2.91 | |
| Net Debt / Equity Ratio | -0.23 | -0.18 | -0.06 | 0.10 | 0.10 | 0.15 |
| Net Debt / EBITDA Ratio | -0.42 | -0.42 | -0.21 | 0.42 | 0.47 | 0.77 |
| Net Debt / FCF Ratio | -0.82 | -0.79 | -0.57 | 4.96 | 1.96 | -3.76 |
| Asset Turnover | 0.77 | 0.66 | 0.52 | 0.43 | 0.42 | 0.33 |
| Inventory Turnover | 4.02 | 3.34 | 2.70 | 2.83 | 3.69 | 2.76 |
| Quick Ratio | 1.20 | 0.98 | 0.67 | 0.34 | 0.55 | 0.78 |
| Current Ratio | 1.63 | 1.45 | 1.51 | 1.05 | 1.26 | 1.47 |
| Return on Equity (ROE) | 37.34% | 30.05% | 10.49% | 4.88% | 8.23% | -0.24% |
| Return on Assets (ROA) | 23.61% | 18.38% | 7.16% | 5.49% | 5.18% | -0.46% |
| Return on Invested Capital (ROIC) | 43.41% | 32.28% | 11.83% | 7.80% | 8.27% | -0.96% |
| Return on Capital Employed (ROCE) | 39.90% | 30.70% | 13.00% | 9.70% | 9.10% | -0.80% |
| Earnings Yield | 15.46% | 9.77% | 9.62% | 6.11% | 9.88% | -0.30% |
| FCF Yield | 13.74% | 8.41% | 10.97% | 2.52% | 6.48% | -5.17% |
| Dividend Yield | 1.20% | 0.42% | 0.72% | 1.04% | 0.53% | |
| Payout Ratio | 7.82% | 4.41% | 7.52% | 17.21% | ||
| Buyback Yield / Dilution | 4.21% | 3.35% | -0.30% | -0.71% | -0.03% | -12.35% |
| Total Shareholder Return | 5.41% | 3.77% | 0.42% | 0.33% | 0.50% | -12.35% |